An attempt to get of horizontal channel | 24 Abril 2015
24 Abril 2015, EUR/USD
Decline of the price within horizontal channel (3/8 – 5/8) is considered by us as the main configuration.4 hours’ chart EURUSD.
At present moment, the pair is making an attempt to get of horizontal channel (3/8 – 5/8). An upper boundary of channel was broken, but it is too early to talk about the price leaving flat. To confirm this leave, we need to wait until the price gets consolidated above the point (5/8). Until it happen, decline of the price within movement in horizontal channel (3/8 – 5/8) is considered by us as the main configuration.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
